How Do I Pay For LASIK?
There are a number of options to help pay for LASIK surgery. Lipstock LASIK & Cataract Center offers some of Virginia’s most generous extended payment financing options for LASIK and other vision correction technologies. These options make LASIK work within the budget of most working households.
The cost of state-of-the-art, Blade-free Custom LASIK at Lipstock LASIK & Cataract Center is available to you for a low monthly cost through CareCredit.
We currently offer two payment plans through Care Credit:
- 0% Interest Payment Plans – We offer 0% interest financing for 12 months. This works out to less than what many patients spend on coffee and snacks each day.
- Extended Payment Plans – 24 – 60-month term plans with fixed monthly payments, low annual percentage rate, no prepayment penalty.
Paying for it already? An Insurance Industry survey in 2007 estimated that contact lens-wearers will spend up to $12,000 over the next 10 years for new prescriptions and frames, new contacts, solutions, preparations, and replacements. That price adds up over time, compared to the one-time cost of LASIK at a little more than a quarter of that total.
Flex Plans/Health Savings Account
Flex Plans are the very best way to pay for LASIK or PRK. If you or your spouse has a Flexible Spending Account (FSA) or Health Savings Account at work, you can use pre-tax dollars for your LVC and still take advantage of our 0% financing for up to 12 months.
Why Use an FSA?
FSAs are not just a savings account. They save you money by decreasing the amount of taxes you pay.
Money set aside in an FSA escapes federal and state income tax and Social Security tax. For instance, if you make $35,000 per year and pay 16% Federal Tax, 6% State Tax, and 7.65% FICA Tax, your total payroll taxes would be $10,377; however, if you contribute $3,000 to your FSA you would pay the same percent of taxes on only $32,000. This would give you net savings of approximately $900. The higher your tax bracket, the more you save. By law, the maximum amount you can contribute to an FSA is $5,000, but most companies limit contributions to $2,000 or $3,000.
Most companies allow you to spend the money at any time during the year without the full amount having accumulated in the account, so you can have your laser vision correction at any point of the year.
FSA funds are “use it or lose it” meaning that unused funds at the end of the year are lost. It’s important to find out if you are a good candidate for vision correction surgery before you set aside any money in your plan.
Flex Plans or Health Savings Accounts are not only recession proof but you can save up to 50% on blade-free LASIK – and they come with guaranteed approval. Sounds incredible, doesn’t it? Plus, you don’t need any cash to get started. Schedule your free consultation today to see if you are a good candidate for LASIK surgery.
Can I Find Better LASIK Pricing at a Corporate Vision Center?
The two big questions most people ask about LASIK or PRK once they know they’re a candidate are:
“Can I afford LASIK on my budget?”
“Do I have to juggle quality of outcome with cost?”
The answers to these questions will be determined by the laser vision center you choose, but don’t base your decision on price alone.
The appearance of corporate LASIK centers in the Richmond area has prompted some patients to put their eyesight, patient experience, and wallets in jeopardy due to the nature of their business model.
The low advertised prices for LASIK are only for a very low refractive error; most patients do not qualify for the “deal” and are surprised when their final cost for treatment is significantly higher than they expected. Some corporate vision correction centers do not always use blade-free technology for the creation of the corneal flap in LASIK but rather use a bladed microkeratome approach for their low-priced categories.
Enhancements, if needed after LASIK, are not typically included for free. Some lifetime enhancement policies have such strict restrictions they are virtually useless.
Corporate surgeons do not meet with, examine – or care for – patients before or after surgery. They are only in the office to perform surgery. They are flown in or drive in and out of state the day of surgery. You are forced to be examined by a non-surgeon eye doctor, and if any postoperative events should occur requiring a surgeon’s care, you will need to travel out of state to locate the surgeon or find a different surgeon in town who has never been involved with your care before. This is not a model for optimum care.
Lipstock LASIK & Cataract Center is NOT a Corporate LASIK Center. Dr. Lipstock does not answer to shareholders; he is the owner of the center and sets our high standards. He makes high quality, high technology LASIK affordable and is up-front with his pricing approach. You will never experience a “bait-and-switch” effect at our office. Dr. Lipstock sees every patient before, during, and after surgery to ensure every patient achieves the “20/Happy” vision results they desire.
Watch Charles’ LASIK Experience. Dr. Lipstock corrected his vision after having LASIK at a corporate center.